Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
JACOBS SOLUTIONS INC. incurred term loan of $200 million term loan and £410 million term loan with Bank of America, N.A., as administrative agent and sole lead arranger, and the lenders party thereto at SONIA rate or term SOFR rate plus a margin of between 0.875% and 1.50% or a base maturing two-years from the date of initial funding.
- Instrument
- term loan
- Principal
- $200 million term loan and £410 million term loan
- Counterparty
- Bank of America, N.A., as administrative agent and sole lead arranger, and the lenders party thereto
- Rate
- SONIA rate or term SOFR rate plus a margin of between 0.875% and 1.50% or a base
- Maturity
- two-years from the date of initial funding
- Event
- incurrence
Exact text from the filing
Facility”) with Bank of America, N.A., as administrative agent and sole lead arranger, and the lenders party thereto. Under the 2025 Term Loan Facility, the Borrower borrowed a $200 million term loan and £410 million term loan for a term of two-years from the date of initial funding. Depending on the Borrower’s consolidated leverage ratio, borrowings under the 2025
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